Shares MSCI Japan is an open-end management investment company. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. As of Aug 31 2013, the Fund's total assets were $10,534,418,815 and the Fund's investment portfolio was valued at $10,500,374,726. We show 128 historical shares outstanding datapoints in our ACWV shares outstanding history coverage, used to compute ACWV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACWV market cap history over the course of time is important for investors
interested in comparing ACWV's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ACWV versus a peer is one thing; comparing
ACWV market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ACWV can fluctuate over the course of history.
With this page we aim to empower investors researching ACWV by allowing them to research the ACWV market cap history. |
Video: The Importance of Market Cap
